New Hampshire Revised Statutes 162-G:10 – Action by the Governmental Unit
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I. Action under this chapter may be in concert with the business finance authority acting under RSA 162-A, or projects may be sold to such authority at any time during their development. Business and industrial facilities may be located outside the boundaries of the governmental unit or units undertaking the project, either directly or through a business and industrial development authority created by such governmental unit or units, if such projects are approved by the legislative body of the city or town in which they are located as follows: if the facility is to be located in a city, by a majority vote of all the duly-elected members of the city council or if located in a town with a town council form of government, by a majority vote of the duly-elected members of the town council, or if the town is governed by town meeting, by a majority vote of the registered voters present and voting at an annual or duly-called special town meeting.
II. Governmental units, unless this chapter expressly provides otherwise, may take action under this chapter as follows:
(a) In a town with a town meeting, by a majority vote of all of the registered voters present and voting at an annual town meeting or at a special town meeting duly warned for the purpose;
(b) In a town with a town council, by a majority vote of all of the members of the town council;
(c) In a city, by a majority vote of all of the members of the city council or the board of mayor and aldermen.
II. Governmental units, unless this chapter expressly provides otherwise, may take action under this chapter as follows:
Terms Used In New Hampshire Revised Statutes 162-G:10
- authority: shall mean the board of directors of a corporation described in N. See New Hampshire Revised Statutes 162-G:3
- Business and industrial development authority: hereinafter referred to as the "authority" shall mean the board of directors of a corporation described in N. See New Hampshire Revised Statutes 162-G:3
- Governmental unit: shall mean a city or a town. See New Hampshire Revised Statutes 162-G:3
- Legislative body: shall mean legislative body as defined in N. See New Hampshire Revised Statutes 162-G:3
- Project: shall mean the establishment or expansion of a business and industrial facility which is financed by the issue of bonds or other means of accomplishing the purposes of this chapter. See New Hampshire Revised Statutes 162-G:3
(a) In a town with a town meeting, by a majority vote of all of the registered voters present and voting at an annual town meeting or at a special town meeting duly warned for the purpose;
(b) In a town with a town council, by a majority vote of all of the members of the town council;
(c) In a city, by a majority vote of all of the members of the city council or the board of mayor and aldermen.